ComForCare Home Care Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

An aging population is on the rise. The AARP finds that the number of those turning 65 would double in 2050 and would make up 20% of the population. That’s where home care franchises come in. ComForCare Home Care is one example of a senior care chain that many franchisees consider. The question is, how much does a ComForCare Home Care franchise cost?

In this article, know more about the ComForCare Home Care franchise and your initial investment and costs.

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ComForCare Home Care Franchise Wiki

ComForCare Home Care (ComForCare) started its operations in 1996, having opened its first location in Michigan. Senior care had gained traction then, and the senior care franchise hoped to serve more people in the United States and Canada.

Since then, they have over 200 ComForCare locations in the United States. Meanwhile, in Canada, they have eight. Franchisees are open to establishing new chains in all states and have 53 available slots for seven Canadian provinces.

They have three registered and trademark programs that make them different from other home care franchises. And these programs are DementiaWise®, Joyful Memories®, and Caregiver First™. These programs ensure that the needs of both clients and caregivers are met. In fact, their DementiaWise® program was lauded by the Alzheimer’s Association.

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Besides the ComForCare franchise, you can also franchise two other senior care chains in the Best Life Brands portfolio. There’s At Your Side and CarePatrol. Meanwhile, those interested in real estate franchising can go for Blue Moon Estate Sales.

Before we discuss the ComForCare Home Care franchise cost, learn more about other franchise information regarding starting one.

ComForCare Home Care Franchise Benefits

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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ComForCare Home Care Franchise Cost

Name of Fee	Low	High
Initial Franchise Fee	$35,000	$49,500
Travel Expenses for Training	$4,550	$7,000
Real Estate & Related Expenses – 3 Months	$2,250	$4,500
Office Equipment	$2,300	$6,000
Computer Systems – 3 Months	$3,000	$5,000
Signs	$100	$500
Miscellaneous Opening Costs	$1,200	$5,000
Licensing Fees	$0	$6,000
Accreditation Fees	$0	$5,000
Insurance – 3 Months	$1,875	$2,400
Office Supplies	$1,000	$2,000
Local Marketing – 3 Months	$3,750	$7,500
Recruiting Expenses – 3 Months	$2,250	$2,250
Additional Funds – 3 Months	$22,000	$51,500
ESTIMATED TOTAL	$79,275	$150,400

ComForCare Home Care Franchise Training

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Franchisees and the staff will undergo four training phases. 

The first session occurs after signing the Franchise Agreement (FA). It involves online and self-study plus directed sessions with the franchisor. The franchisee can accomplish this training phase for two to three weeks. 

The next phase is held at the franchisor’s headquarters, having only ten days to accomplish it. 

Finally, the last two phases happen on-site or agreed-upon location. As for the third phase, franchisees can complete it within two to three weeks. Meanwhile, the last phase happens after opening the site and can be accomplished within 32 to 40 hours. Plus, there’s also the Private Duty Nursing training program, wherein trainees can complete within two to three business days.

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Also, the franchisor may hold additional training sessions that may require a franchisee’s attendance.

ComForCare Home Care Franchise Territory and Obligations

ComForCare Franchise Systems, LLC (the franchisor) sets a territory based on the population and franchise type. Not to mention, the exclusive territory is also based on the boundaries of a U.S. Zip Code. This will be indicated in the FA. Because of this, no other franchise will be allowed to operate, as indicated in the Exclusive Area.

For the deluxe franchise, it must range between 25,000 to 35,000 individuals. Meanwhile, for the standard one, it should range between 15,000 to 25,000 individuals.

As for obligations, franchisors expect franchisees to supervise full-time. A franchisee must also delegate either a marketing or administrative employee for full-time employment. For ComForCare, they define a full-time shift is completed at least 35 hours a week. Meanwhile, nurses and caregivers would render part-time shifts. Their responsibilities are monitoring clinical-related activities, training, and following physician orders.

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A franchise should provide services regularly (eight hours a day, five hours a week). Meanwhile, emergency services should be available every day for 24 hours. Plus, franchisees should only offer and sell the products that the franchisor approved and may not sell any other products or services.

An initial term for any ComForCare franchise is ten years. Franchisees may opt to renew and add two more 10-year terms provided they meet requirements.

ComForCare Home Care Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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ComForCare Home Care Franchise Profit

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply For ComForCare Home Care Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

ComForCare Home Care Franchise Contact details

Website

https://www.comforcare.com

FAQ

Is it profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

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Did You Know?

• Entrepreneur included ComForCare in the Franchise 500 2020 list. Their rank on the list is 352.
• Even if the franchisor doesn’t grant any financial assistance, they listed how a potential franchisee can pay for the ComForCare franchise cost and other expenses. Potential franchisees can get portfolios, unsecured, and even SBA loans. Some may even use their retirement account to get started.
• ComForCare received many recognitions and accolades over the years for its franchising and home care services. Two of their most recent awards are from Franchise Gator and Home Care Pulse. For Franchise Gator, they rank #34 on their Top 100. On the other hand, select locations and franchises won the awards from Home Care Pulse in 2019 and 2020.
• According to ComForCare, most franchise owners have a 33% gross margin.

Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.

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